Advising Dentists - Key Issues for Professionals

Introduction

Dental practice owners are increasingly considering more complex ownership and operating structures involving limited companies and unincorporated entities meaning that acting for dentists requires a wider understanding of the various complexities than ever before.

In order to act effectively, advisors must also be aware of rules and working procedures relating to the CQC, NHS England, and the NHS Pension Scheme.

This live broadcast session is aimed at all professional advisors including accountants, lawyers, funders and IFAs.

What You Will Learn

This live and interactive course will cover the following:

• Brief background
• 2006 NHS contract
• Dental Bodies Corporate
• CQC Registration
• Recent years
• Practice values & profitability
• Regulatory bodies
• ICB, CQC, GDC
• The future of the NHS contract
• Covid - how NHS practices have come out of it
• UDA rate and geographic differences
• Challenges faced by NHS practices
• The dental practice P&L - key components
• Goodwill valuations
• Dental business structures - Unincorporated, limited companies, 'hybrid' structures, sub-contracting
• Opportunities and problems
• Buying and selling dental practices
• Asset sales, share sales, SPA issues
• Retention capitation, defective treatment and clawback
• Deferred consideration/target earnout, retained sellers
• NHS notices, CQC registration, Goodwill Transfer Notices
• NHS pension scheme - basic overview
• Dental associates
• Self-employment parameters

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.